We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Obama's plan (and so too the House and Senate versions) is the worst of all worlds. It is a replica of the housing bubble, thrill for the first few years, and then the bill becomes due without any way to pay for it.
Obama gets his moment recorded by the TV cameras no less. And mournfully he pronounces the Republicans as obstructionists who refused to negotiate in good faith as the great and wonderful Democrats have offered to do. And because of that, it is with a heavy heart and reluctantly he is forced to agree with the Senate Majority Leader Harry Reid that reconciliation is the only route left open to them to do “what is right” for the American people.
I DON’T WANT TO HEAR ANY MORE ABOUT MY CARBON FOOTPRINT when U.N. “climate change” commissars are meeting on Bali — again. “Yet again, we are asked to believe the UN deserves special exemptions from its own preachings. Its conferees are jetting to Bali for the greater good of all the little folk, whose job is merely to pay the bills for such pleasures, and live with any resulting rationing and regulation. According to the Jakarta Post, some 1,500 people from 192 countries are expected to attend this shindig — where UNEP claims that envoys of some 140 governments will be present.” Somebody tell these people about Skype.
“According to Mr Schapiro, carbon trading is now the fastest growing commodities market on earth. Since Kyoto signatories bought in to the cap and trade concept in 2005, there have been more than $300bn carbon transactions, prompting several investment banks, including Goldman Sachs and Barclays, to set up their own carbon trading desks. But that’s just the start. If President Obama and his supporters can institute a cap-and-trade system in the United States – and that’s a big if for this increasingly marooned presidency – demand could explode into a $2 to $3 trillion market…
“‘Carbon developers’, many of them employed by large multinationals, travel the world in search of carbon reduction projects to sell, while firms of carbon accountants have been established to verify on the United Nations’ behalf that those reductions are real. The whole thing, though well intentioned, looks wide open to abuse and scams. Mr Schapiro’s account of the carbon trading market is obviously a sceptical one, and no doubt there are others that take a less cynical view. But I wonder what all the wide eyed climate change campaigners are going to say when the first scandals begin to break, still more what they’ll make of it when the whole thing turns out to be another giant asset bubble – if indeed the non production of carbon can be described as an asset.”
On the subject of the Obamacare bill, Betsy Newmark of the blog Betsy's Page has a comment entitled "Taking Bad Ideas and Making Them Worse." She quotes the Wall Street Journal on Obama's long-awaited "suggestions" sketch for a newly drafted cobbling together of the House and Senate bills and comments: "It manages to take the worst of both the House and Senate bills and combine[s] them into something more obstructive than either ..."
Pretty horrifying, isn't it? Get a backbone, you Republicans who are going to Blair House on Thursday to discuss this.
Note to Instapundit ... I don't want to hear any more about my carbon footprint either. This is all such cheapjack sermonizing by the Busybody Brigade, who need to just shut up, comb their hair, call their mothers and get real jobs which don't involve insulting their betters.
All this talk about carbon trading reminds me of the great vaporware software boom of the late '80s/early '90s - folks were making tons of money off of conceptual ideas without ever actually producing any product - just the idea.
A tulip mania bubble if I ever saw one only this time it is intentional, not accidental - designed to sell something that exists only in the imagination.